Noonan warns against ‘rush’ on budget reforms

Finance Minister Michael Noonan has cautioned against “rushing” into a referendum on lifting constitutional constraints restricting opposition TDs from passing money bills.

Speaking to a new Oireachtas budgetary committee, Mr Noonan said the Government will decide and release a summer economic statement next week.

It will shed light on the ‘fiscal space’ or money available for tax cuts and spending for October’s budget and 2017.